Alhambra

EMCORE Reports Fiscal 2024 First Quarter Results

Retrieved on: 
Thursday, February 8, 2024

ALHAMBRA, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2024 first quarter (1Q24) ended December 31, 2023.

Key Points: 
  • ALHAMBRA, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced results for the fiscal 2024 first quarter (1Q24) ended December 31, 2023.
  • Management will host a conference call to discuss 1Q24 financial and business results on February 8, 2024 at 5:00 p.m. Eastern Time (ET).
  • When comparing to the year-ago quarter, Inertial Navigation revenue grew 21%” said Jeff Rittichier, President and Chief Executive Officer of EMCORE.
  • “Going-forward, we expect a return to quarterly top-line growth in the June quarter, including revenue from new programs, continued engineering and operational integration among sites, and full business systems integration within the fiscal year.”

OSIM Unveils South Korean Actor Hyun Bin as Ambassador for Next Generation uDream Pro Well-Being Chair

Retrieved on: 
Monday, July 24, 2023

MALAYSIA, July 24, 2023 - (ACN Newswire) - OSIM, the leading innovator of Wellness Tech products and solutions, has unveiled South Korean actor Hyun Bin as its ambassador for the next generation flagship product - the uDream Pro well-being chair.

Key Points: 
  • MALAYSIA, July 24, 2023 - (ACN Newswire) - OSIM, the leading innovator of Wellness Tech products and solutions, has unveiled South Korean actor Hyun Bin as its ambassador for the next generation flagship product - the uDream Pro well-being chair.
  • The acclaimed actor is partnering OSIM as the company continues to expand its ecosystem of Wellness Tech solutions.
  • Ms Chia Sook Fun, General Manager of OSIM Malaysia said, "We are delighted to welcome Hyun Bin as our ambassador.
  • Hyun Bin said, "A perfect day to me is one that strikes a good balance between work and rest.

TMRC Announces Successful Completion of Geophysical Investigation in the Blackhawk Silver/Nickel/Cobalt Mining District, Identifies 16 Potential Drill Targets

Retrieved on: 
Friday, July 21, 2023

The overall production of the European districts is not accurately recorded but Cobalt is credited at approximately 460 million ounces.

Key Points: 
  • The overall production of the European districts is not accurately recorded but Cobalt is credited at approximately 460 million ounces.
  • A common characteristic of the historic districts is the large number of veins within a relatively small area.
  • After all three phases, sixteen anomalies of sufficient strength and size to be designated as drill targets have been identified.
  • Correlation between the geophysical and geological interpretation, and the existing historic mine workings is excellent.

The Ratkovich Company to Seek Builder’s Remedy for 790 Urgently Needed Market Rate and Affordable Homes After Alhambra Failed to Comply with State Law

Retrieved on: 
Monday, May 22, 2023

Alhambra has also failed to approve a housing element that complies with state law, according to the California Department of Housing and Community Development (HCD).

Key Points: 
  • Alhambra has also failed to approve a housing element that complies with state law, according to the California Department of Housing and Community Development (HCD).
  • Under California law, jurisdictions without compliant housing elements like Alhambra cannot deny certain types of residential projects that include a set level of affordable housing, which is known as the builder’s remedy.
  • What is even more troubling is that over this same period, median home prices in Alhambra have skyrocketed to nearly $840,000,” said Brian Saenger, President & CEO of The Ratkovich Company.
  • TRC submitted plans for the reimagined Villages at The Alhambra to the City for approval, which must be granted based on the builder’s remedy requirements.

EMCORE Announces Restructuring Program

Retrieved on: 
Friday, April 21, 2023

ALHAMBRA, CA, April 21, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced a restructuring program that includes the shutdown of the Broadband business segment and the discontinuance of its defense optoelectronics product line.

Key Points: 
  • ALHAMBRA, CA, April 21, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced a restructuring program that includes the shutdown of the Broadband business segment and the discontinuance of its defense optoelectronics product line.
  • “This restructuring represents the final phase of EMCORE’s transition to Aerospace and Defense.
  • “These actions will eliminate product lines that are no longer part of our future and enable EMCORE to focus entirely on scaling our inertial navigation business.”
    The restructuring program is designed to reduce annual costs and expenses by approximately $12 million.
  • “To employees who are affected directly, we express our sincere gratitude for your service to EMCORE.

THE BOCA RATON BEACH CLUB & SPA PALMERA EACH AWARDED FIVE-STARS BY FORBES TRAVEL GUIDE

Retrieved on: 
Wednesday, February 15, 2023

BOCA RATON, Fla., Feb. 15, 2023 /PRNewswire/ -- South Florida's iconic private club and resort, The Boca Raton, has received two independent Five-Star awards by Forbes Travel Guide, the only global rating system for luxury hotels, restaurants, spas, and ocean cruises. The 2023 Five-Star Awards were announced today, and feature: The Boca Raton Beach Club, an oceanfront luxury hotel set along a half-mile stretch of private golden beach; and the property's distinct wellness oasis Spa Palmera.

Key Points: 
  • The 2023 Five-Star Awards were announced today, and feature: The Boca Raton Beach Club, an oceanfront luxury hotel set along a half-mile stretch of private golden beach; and the property's distinct wellness oasis Spa Palmera.
  • Forbes Travel Guide is the authority on excellence in hospitality to help discerning travelers select the world's best destinations.
  • The Boca Raton Beach Club is the latest addition to its illustrious annual hotel list.
  • "Travel is in an incredible position for continued growth, as people prioritize authentic, in-person experiences," says Amanda Frasier, President of Ratings for Forbes Travel Guide.

Heritage Capital Group Advises St. Johns Food Service on Sale

Retrieved on: 
Thursday, January 5, 2023

St. Johns Food Service was founded in 1949 by a local veterinarian, Dr. Ronald F. Jackson, who rented frozen locker space to local restaurants.

Key Points: 
  • St. Johns Food Service was founded in 1949 by a local veterinarian, Dr. Ronald F. Jackson, who rented frozen locker space to local restaurants.
  • Dr. Jackson saw the need for food service products, and began adding product lines and selling them in and around the St. Augustine area.
  • Bill Prescott, principal at Heritage, served as the exclusive financial advisor and intermediary to St. Johns Food Service.
  • This allowed me to maximize the value of St. Johns Food Service."

Preferred Bank Increases Quarterly Cash Dividend

Retrieved on: 
Thursday, December 15, 2022

LOS ANGELES, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.55 per share, payable on January 20, 2023 to holders of record on January 6, 2023.

Key Points: 
  • LOS ANGELES, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the largest independent commercial banks in California, today reported that the Board of Directors has declared a quarterly cash dividend of $0.55 per share, payable on January 20, 2023 to holders of record on January 6, 2023.
  • This dividend represents an increase of 28% over the previous dividend level of $0.43 per share.
  • Chairman and CEO Li Yu commented, “We are very pleased to announce this increase in the quarterly dividend as it is a direct reflection of the strong performance and earnings growth of the Bank throughout 2022.”
    Preferred Bank (the “Bank”) is one of the larger independent commercial banks headquartered in California.
  • Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream market but does continue to benefit from the significant migration to California of ethnic Chinese from China and other areas of East Asia.

Analysis of Geophysical Surveying in New Mexico's Blackhawk Silver Mining District Exceeds Expectations

Retrieved on: 
Wednesday, November 30, 2022

Within these mineralized lenses, silver grades as high as 20% have been reported in the past.

Key Points: 
  • Within these mineralized lenses, silver grades as high as 20% have been reported in the past.
  • The Black Hawk District was active in the 1884-1894 period during which time the Black Hawk and the Alhambra mines accounted for most of the production.
  • to assess the Black Hawk District using its Time Domain Electro Magnetic (TDEM) surveying process.
  • Assuming historical grade recoveries and successfully accessing the veins identified, the risk/reward potential of the Blackhawk district is quite favorable.